The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Kailua, HI 96734's Section 8 Fair Market Rent

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in the 96734 zip code area, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $1,989 to a high of $2,431, with an average of $2,210.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,169, a maximum of $2,651, and an average of $2,410.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,844, peaking at a maximum of $3,476, and averaging at $3,160.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $4,005, a maximum of $4,895, and an average of $4,450.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $4,824 to a maximum of $5,896, with an average of $5,360.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year City, State, Zipcode HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Kailua, HI 96734 Low Rent (90%) $1,989 $2,169 $2,844 $4,005 $4,824
Average Rent $2,210 $2,410 $3,160 $4,450 $5,360
High Rent(110%) $2,431 $2,651 $3,476 $4,895 $5,896
2023 Kailua, HI 96734 Low Rent (90%) $2,007 $2,205 $2,889 $4,104 $4,923
Average Rent $2,230 $2,450 $3,210 $4,560 $5,470
High Rent (110%) $2,453 $2,695 $3,531 $5,016 $6,017
2022 Kailua, HI 96734 Low Rent (90%) $1,998 $2,196 $2,880 $4,095 $4,932
Average Rent $2,220 $2,440 $3,200 $4,550 $5,480
High Rent(110%) $2,442 $2,684 $3,520 $5,005 $6,028
2021 Kailua, HI 96734 Low Rent (90%) $1,782 $1,962 $2,583 $3,699 $4,473
Average Rent $1,980 $2,180 $2,870 $4,110 $4,970
High Rent (110%) $2,178 $2,398 $3,157 $4,521 $5,467
2020 Kailua, HI 96734 Low Rent (90%) $1,746 $1,944 $2,556 $3,690 $4,491
Average Rent $1,940 $2,160 $2,840 $4,100 $4,990
High Rent(110%) $2,134 $2,376 $3,124 $4,510 $5,489
2019 Kailua, HI 96734 Low Rent (90%) $1,584 $1,782 $2,358 $3,411 $4,140
Average Rent $1,760 $1,980 $2,620 $3,790 $4,600
High Rent (110%) $1,936 $2,178 $2,882 $4,169 $5,060


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